Duke Energy Ohio

About Duke Energy Ohio

Duke Energy Ohio is an investor owned entity. The largest county served by Duke Energy Ohio is Hamilton County, but the company also operates in in 9 counties in the state of Ohio. At the moment, 296,837 consumers receive their electricity from the company. These customers are a mix of 416 industrial properties, 22,128 commercial customers and 274,293 residential customer accounts. The average residential electricity rate for consumers of Duke Energy Ohio is roughly 11.37 cents per kilowatt hour. This is 19.39% less than the national average price of 14.11 cents, which ranks the provider 1104th best for average electricity rate out of 2923 suppliers in the United States. In 2020 they had sales to end users totaling 3,717,398.96 megawatt hours and wholesale sales to other electricity providers of 3,717,398.96 megawatt hours. The electricity sourced by the company is made up of multiple sources including megawatt hours they produce and supplementary megawatt hours purchased via the wholesale market. Of the total electricity sourced by the company, these two categories make up 13.85% and 86.15%, respectively. The revenue for the company for 2020 from electricity sales was $1,103,296,900, with 36.50% coming from retail sales to end users and 8.45% from wholesale electricity sales.

The US average monthly residential power bill is $125.95, while the Duke Energy Ohio average is 13.83% below at $108.53 per month. Duke Energy Ohio is ranked as the 120th highest electricity producer out of 3509 suppliers in the country. The company generates a total of 10,386,878.71 megawatt hours from coal use, which ranks them the 42nd highest generator out of 3509 companies in the United States The provider generates 10,404,185 megawatt hours from non-renewable fuel sources per year.